#Intravascular Temperature Management Market Report
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Intravascular Temperature Management Market: Innovations in Critical Care
"Intravascular Temperature Management Market Size And Forecast by 2031
The global Intravascular Temperature Management Market study offers a thorough examination of the industry, highlighting the influence of leading companies on market dynamics and growth. These key players set the benchmark for innovation and operational excellence, contributing significantly to the development of the market. The study delves into their strategic initiatives, offering insights into how they navigate challenges and capitalize on opportunities. By focusing on these companies, the report paints a vivid picture of the competitive environment and its evolution.
Intravascular temperature management market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to account to grow at a CAGR of 4.4% in the above mentioned forecast period.
the outlook for the Intravascular Temperature Management Market remains optimistic, with significant opportunities for growth and innovation. The market’s competitive environment, shaped by leading companies and their strategies, underscores the importance of adaptability and foresight. With a focus on insights, trends, and data-driven analysis, this report serves as a comprehensive guide for stakeholders navigating the complexities of the Intravascular Temperature Management Market.
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Which are the top companies operating in the Intravascular Temperature Management Market?
The Top 10 Companies in Intravascular Temperature Management Market are known for their strong presence and innovative solutions. These include industry leaders. Each of these companies has made significant contributions through cutting-edge products, strategic partnerships, and global reach. Their ability to adapt to market trends and consumer demands has helped them maintain leadership positions in the market, driving growth and setting industry standards.
**Segments**
- **Product Type:** The market can be segmented based on product type into intravascular warming systems and intravascular cooling systems. Intravascular warming systems are designed to maintain patient normothermia by actively warming the blood as it circulates through the body during surgical procedures. On the other hand, intravascular cooling systems are utilized to induce therapeutic hypothermia for patients with conditions such as cardiac arrest or traumatic brain injury.
- **Application:** This segment comprises different applications such as perioperative care, post-operative care, cardiac arrest management, traumatic brain injury management, fever management, and others. Each application has unique requirements for intravascular temperature management, driving the demand for tailored solutions in the market.
- **End-User:** The market is further categorized based on end-users, including hospitals, ambulatory surgical centers, specialty clinics, and others. Hospitals are the primary end-users of intravascular temperature management systems due to the high volume of surgeries and critical care patients treated in these settings.
**Market Players**
- **3M** - **Smiths Medical** - **Becton Dickinson and Company** - **The 37Company** - **Geratherm Medical AG** - **Stihler Electronic GmbH** - **Belmont Instrument, LLC** - **Zoll Medical Corporation** - **Asahi Kasei Corporation** - **Stryker** - **Mennen Medical Ltd** - **Inditherm Medical** - **Biegler GmbH** - **Inspiration Healthcare Group plc** - **Barkey**
The global intravascular temperature management market is witnessing significant growth due to the rising incidence of cardiac arrests, trauma cases, and the increasing number of surgical procedures worldwide. Factors such as technological advancements in intravascular temperature management systems, a growing focus on patient safety, and the expanding application areas of these devices are driving market expansion. Additionally, the adoption of intravascular temperature management systems to prevent surgical site infections andThe global intravascular temperature management market is poised for substantial growth in the coming years, driven by several key factors. One of the primary growth drivers is the increasing incidence of cardiac arrests and trauma cases globally. These medical emergencies often require precise temperature management to improve patient outcomes, creating a significant demand for intravascular warming and cooling systems. Moreover, the rising number of surgical procedures being performed worldwide is also contributing to market growth. Surgical patients often require strict temperature control during and after procedures to prevent complications and aid in faster recovery, further boosting the adoption of intravascular temperature management solutions.
Technological advancements in intravascular temperature management systems are playing a crucial role in expanding the market. Innovations such as advanced temperature monitoring capabilities, enhanced user interfaces, and improved efficiency of warming and cooling processes are enhancing the effectiveness and usability of these devices. Companies in the market are investing in research and development to introduce cutting-edge technologies that cater to the evolving needs of healthcare providers and patients, thereby driving market growth.
Patient safety has become a top priority in healthcare settings, leading to a growing emphasis on advanced temperature management solutions. Maintaining optimal body temperature during medical procedures and critical care situations is essential for patient recovery and overall well-being. Intravascular temperature management systems offer a more precise and controlled method of regulating body temperature compared to conventional methods, contributing to their increasing adoption in hospitals, ambulatory surgical centers, and specialty clinics.
The expanding application areas of intravascular temperature management devices are also fueling market growth. These systems are no longer limited to perioperative care but are increasingly being utilized in post-operative care, cardiac arrest management, traumatic brain injury management, fever management, and other clinical scenarios. The versatility of intravascular warming and cooling systems in addressing a wide range of medical conditions is widening their market penetration and driving revenue growth for market players.
In conclusion, the global intravascular temperature management market is witnessing robust growth propelled by factors such as the increasing incidence of cardiac arrests and trauma cases,**Market Players**
- 3M - Asahi Kasei Corporation - Belmont Medical Technologies - Biegler GmbH - Geratherm - Smiths Group plc - Stihler Electronic GmbH - The Surgical Company - VYAIRE - EMIT CORPORATION - Barkey - ZOLL Medical Corporation - Keewell Medical Technology Co. Ltd. - Stryker - BD - Estill Medical Technologies, Inc. - Inspiration Healthcare Group plc - Medtronic - Koninklijke Philips N.V.
The global intravascular temperature management market is experiencing significant traction driven by various factors. The market segmentation based on product type into intravascular warming systems and intravascular cooling systems caters to the needs of maintaining patient normothermia and inducing therapeutic hypothermia in different medical scenarios. The applications of intravascular temperature management systems across perioperative care, post-operative care, cardiac arrest management, traumatic brain injury management, and fever management showcase the diverse utility of these devices, boosting market demand. The end-users, primarily hospitals, ambulatory surgical centers, and specialty clinics, further drive market growth due to the high volume of surgeries, critical care cases, and the importance placed on patient safety in these settings.
Technological advancements in intravascular temperature management are revolutionizing patient care by offering advanced monitoring capabilities, efficient temperature control, and improved user interfaces. The focus on patient safety is a key driver amplifying the
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Key Insights from the Global Intravascular Temperature Management Market :
Comprehensive Market Overview: The Intravascular Temperature Management Market is growing rapidly, driven by technological advancements and evolving consumer preferences.
Industry Trends and Projections: The market is expected to grow at a CAGR of X% over the next five years, with increasing automation and digitalization.
Emerging Opportunities: New market segments, such as sustainable and eco-friendly solutions, are creating significant growth prospects.
Focus on R&D: Companies are investing heavily in R&D to innovate and improve product offerings, ensuring market leadership.
Leading Player Profiles: Major player dominate the market with strong portfolios and strategic partnerships.
Market Composition: The market is diverse, with a mix of large enterprises and emerging startups driving competition and innovation.
Revenue Growth: The market has witnessed a steady increase in revenue, primarily driven by growing demand and product diversification.
Commercial Opportunities: There are considerable opportunities for business expansion in emerging regions and through technological innovations.
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#Intravascular Temperature Management Market#Intravascular Temperature Management Market Size#Intravascular Temperature Management Market Share#Intravascular Temperature Management Market Trends#Intravascular Temperature Management Market Growth#Intravascular Temperature Management Market Analysis#Intravascular Temperature Management Market Forecast#Intravascular Temperature Management Market Report#Intravascular Temperature Management Market Industry Report
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Introduction to Intravascular Temperature Management: Techniques and Benefits
The intravascular temperature management market is a rapidly growing sector in the healthcare industry, driven by the increasing demand for effective temperature management during surgical procedures and critical care settings. Intravascular temperature management involves the use of specialized catheters and devices to regulate and maintain the patient's body temperature within a desired range. This technology is particularly important in procedures such as cardiac surgeries, neurosurgeries, and post-cardiac arrest care.
he global intravascular temperature management market size was USD 290.4 Million in 2022 and is expected to register a steady revenue CAGR of 4.1% during the forecast period, according to latest analysis by Emergen Research. One of the key drivers for the intravascular temperature management market is the growing awareness of the benefits of maintaining normothermia (normal body temperature) during surgical procedures. Maintaining a stable body temperature can help reduce the risk of surgical site infections, improve patient outcomes, and shorten hospital stays. As a result, healthcare providers are increasingly adopting intravascular temperature management techniques to optimize patient care and enhance surgical outcomes.
Another driver for market growth is the increasing prevalence of chronic diseases and the aging population. Chronic conditions such as cardiovascular diseases and neurological disorders often require surgical interventions, where temperature management plays a crucial role in ensuring patient safety and recovery. Additionally, the aging population is more susceptible to temperature dysregulation, making intravascular temperature management an essential component of their care.
However, there are certain restraints that may hinder the growth of the intravascular temperature management market. One of the major challenges is the high cost associated with these devices and procedures. The initial investment, as well as the ongoing maintenance and disposable costs, can be significant for healthcare facilities. This may limit the adoption of intravascular temperature management technologies, particularly in resource-constrained settings.
In terms of recent product launches, here are a few examples:
In January 2023, ZOLL Medical Corporation introduced the Thermogard XP Intravascular Temperature Management System. This system utilizes a specialized catheter to regulate and maintain the patient's body temperature during surgical procedures and critical care. The device offers precise temperature control and real-time monitoring, enhancing patient safety and outcomes.
In March 2023, Medtronic launched the CoolGard 3000 Intravascular Cooling System. This system uses a catheter-based approach to induce therapeutic hypothermia in patients following cardiac arrest. The device helps protect the brain and other vital organs by rapidly cooling the patient's body temperature.
The report on Global Intravascular Temperature Management Market added by Emergen Research offers a comprehensive analysis of the recent advancements in the Intravascular Temperature Management industry and trends driving the growth of the market. It is an investigative study covering analysis of market drivers, restraints, challenges, threats, and growth prospects in the global Intravascular Temperature Management market. The global Intravascular Temperature Management market report is a methodical research of the Intravascular Temperature Management market done by extensive primary and secondary research. The fundamental purpose of the Intravascular Temperature Management market report is to offer an accurate and strategic analysis of the Intravascular Temperature Management business sphere.
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Competitive Terrain:
The global Intravascular Temperature Management industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.
The leading market contenders listed in the report are:
Smith’s Group plc, The Surgical Company., EMIT CORPORATION., BD., GENTHERM., Stryker, Stihler Electronic GmbH, Belmont Medical Technologies, ZOLL Medical Corporation, and Medtronic
Key market aspects studied in the report:
Market Scope: The report explains the scope of various commercial possibilities in the global Intravascular Temperature Management market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.
Competitive Outlook: The leading companies operating in the Intravascular Temperature Management market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.
Report Objective: The primary objective of this report is to provide the manufacturers, distributors, suppliers, and buyers engaged in this sector with access to a deeper and improved understanding of the global Intravascular Temperature Management market.
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Market Segmentations of the Intravascular Temperature Management Market
This market is segmented based on Types, Applications, and Regions. The growth of each segment provides accurate forecasts related to production and sales by Types and Applications, in terms of volume and value for the period between 2022 and 2030. This analysis can help readers looking to expand their business by targeting emerging and niche markets. Market share data is given on both global and regional levels. Regions covered in the report are North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Research analysts assess the market positions of the leading competitors and provide competitive analysis for each company. For this study, this report segments the global Intravascular Temperature Management market on the basis of product, application, and region:
Segments Covered in this report are:
Type Outlook (Revenue, USD Million; 2019-2032)
Intravascular Cooling
Intravascular Warming
Application Outlook (Revenue, USD Million; 2019-2032)
Preoperative Care
Operative Care
Post-Operative Care
Critical Care
Intensive Care Units (ICUs)
Neurological Care Units
Emergency Rooms
Burn Centers
Others
Medical Condition Outlook (Revenue, USD Million; 2019-2032)
Stroke
Cardiac Arrest
Traumatic Brain Injury
Myocardial Infarction
Fever/ Infection
Others
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Major Geographies Analyzed in the Report:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
ToC of the report:
Chapter 1: Market overview and scope
Chapter 2: Market outlook
Chapter 3: Impact analysis of COVID-19 pandemic
Chapter 4: Competitive Landscape
Chapter 5: Drivers, Constraints, Opportunities, Limitations
Chapter 6: Key manufacturers of the industry
Chapter 7: Regional analysis
Chapter 8: Market segmentation based on type applications
Chapter 9: Current and Future Trends
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The Patient Warming Devices market is projected to grow from USD 1,995.23 million in 2023 to USD 2,995 million by 2032, at a compound annual growth rate (CAGR) of 5.66%.The global patient warming devices market has witnessed significant growth in recent years, driven by an increasing demand for effective perioperative care, a rise in the prevalence of chronic diseases, and the growing geriatric population. These devices are crucial in preventing hypothermia during surgeries and in critical care settings, thereby improving patient outcomes. As the healthcare industry continues to evolve, the patient warming devices market is expected to expand further, offering new opportunities and challenges for manufacturers, healthcare providers, and patients.
Browse the full report at https://www.credenceresearch.com/report/patient-warming-devices-market
Market Overview
Patient warming devices are medical devices designed to maintain a patient’s body temperature during surgery, recovery, and other critical care situations. These devices are essential in preventing perioperative hypothermia—a condition where the body temperature drops below 36°C during surgery. Hypothermia can lead to several complications, including increased risk of infection, prolonged hospital stays, and even mortality. To mitigate these risks, patient warming devices are used in various medical settings, including operating rooms, intensive care units, and emergency rooms.
The market for patient warming devices is categorized into different types, including surface warming systems, intravascular warming systems, and patient warming accessories. Surface warming systems, such as forced-air warming blankets, are the most commonly used devices, providing non-invasive temperature regulation. Intravascular warming systems, which involve the warming of fluids and blood products before administration, are also gaining popularity, especially in critical care and emergency settings.
Market Drivers
Several factors are driving the growth of the patient warming devices market. One of the primary drivers is the increasing number of surgeries worldwide. With the rise in surgical procedures, the demand for effective perioperative care, including temperature management, has become more critical. Additionally, the growing prevalence of chronic diseases, such as cardiovascular diseases, cancer, and diabetes, has led to an increase in surgical interventions, further fueling the demand for patient warming devices.
The aging population is another significant factor contributing to market growth. Elderly patients are more susceptible to hypothermia due to their reduced thermoregulation capacity. As the global population continues to age, the need for patient warming devices in geriatric care is expected to rise.
Technological advancements in patient warming devices are also playing a crucial role in market expansion. Manufacturers are focusing on developing innovative and efficient devices that offer precise temperature control, ease of use, and enhanced safety features. The integration of advanced technologies, such as automated temperature regulation and wireless connectivity, is expected to further boost the adoption of these devices in healthcare settings.
Market Challenges
Despite the positive growth prospects, the patient warming devices market faces several challenges. One of the primary challenges is the high cost of advanced warming devices. While these devices offer numerous benefits, their high price can be a barrier for healthcare facilities with limited budgets, particularly in developing regions. Additionally, the lack of awareness about the importance of perioperative temperature management in certain regions may hinder market growth.
Regulatory issues also pose a challenge to market expansion. Patient warming devices must comply with stringent regulatory standards to ensure their safety and efficacy. The process of obtaining regulatory approvals can be time-consuming and costly, which may delay the launch of new products in the market.
Regional Insights
Geographically, the patient warming devices market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. North America dominates the market, owing to the high adoption of advanced medical technologies, a well-established healthcare infrastructure, and a large number of surgical procedures performed in the region. Europe follows closely, with a strong focus on improving patient care and safety.
The Asia-Pacific region is expected to witness the highest growth rate during the forecast period. The increasing healthcare expenditure, growing awareness about patient safety, and rising number of surgeries are key factors driving market growth in this region. Moreover, the expanding healthcare infrastructure in countries like China and India presents significant opportunities for market players.
Future Outlook
The future of the patient warming devices market looks promising, with continuous advancements in technology and a growing emphasis on patient safety and care. As the demand for effective perioperative temperature management continues to rise, manufacturers are likely to focus on developing cost-effective and innovative solutions to cater to the diverse needs of healthcare providers and patients.
Key player:
ABB Group
Analog Devices Inc Barkey
Keewell Medical Technology Co., Ltd.
Kimberly-Clark
Mennen Medical
Meridian Medical, Inc.
Siemens Healthineers AG
Smith’s Medical, Inc.
STMicroelectronics N.V.
Stryker Corp.
Texas Instruments, Inc.
Barkey GmbH & Co. KG
BD (Becton, Dickinson, and Company)
Belmont Medical Technologies
BrainCool AB
3M Company
EMIT Corp.
General Electric Company
Gentherm Medical
The 37Company
Segments:
By Product:
Surface Warming Systems
Intravascular Warming Systems
Patient Warming Accessories
By Application:
Acute Care
Perioperative Care
Newborn & Pediatric Care
By End User:
Hospitals
Clinics
Nursing Facilities
Others
By Region:
North America
US
Canada
Mexico
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia Pacific
China
Japan
India
South Korea
South-east Asia
Rest of Asia Pacific
Latin America
Brazil
Argentina
Rest of Latin America
Middle East & Africa
GCC Countries
South Africa
Rest of Middle East and Africa
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U.S. Patient Temperature Management Industry Size, Share & Review 2024-2030
U.S. Patient Temperature Management Market Size, Share & Trends Analysis Report By Type (Warming Systems, Cooling Systems), By Application (General Surgery, Cardiology), By End-use, And Segment Forecasts, 2024 - 2030
U.S. Patient Temperature Management Market
The U.S. patient temperature management market size was estimated at USD 1.30 billion in 2023 and is expected to exhibit a CAGR of 7.3% from 2024 to 2030. The market is substantially growing due to increased surgical procedures. This surge is attributed to several factors, including advancements in medical technology, an aging population, increasing number of hypothermia cases and an increasing prevalence of chronic diseases requiring surgical intervention. For instance, according to the Population Reference Bureau (PRB), the population of Americans aged 65 and above is expected to grow from 58 million (2022) to 82 million by 2050, marking a 47% increase. In addition, the proportion of this age group in the total population is projected to rise from 17% to 23%. Overall, the rise in the number of surgical procedures, coupled with the growing emphasis on patient safety and outcomes, is fueling the market growth.
Gather more insights about the market drivers, restrains and growth of the U.S. Patient Temperature Management Market
Patients undergoing cancer treatment, such as chemotherapy or radiation therapy, often experience fluctuations in body temperature as a result of treatment side effects, immune system suppression, or the cancer itself. According to the National Cancer Institute, hyperthermia, also known as thermal therapy or thermotherapy, is a treatment method that involves heating body tissues up to temperatures as high as 113 °F. This approach aims to damage and eliminate cancer cells while minimizing harm to healthy tissue. Effective temperature management is essential during cancer treatment to mitigate the risk of fever, hypothermia, or other temperature-related complications. For instance, according to the American Cancer Society (ACS) in January 2024, the anticipated number of new cancer cases in the U.S. is projected to surpass 2 million, translating to nearly 5,500 new cancer diagnoses each day.
Maintaining optimal body temperature is critical for successful outcomes in cardiac surgeries, catheterization procedures, and other cardiovascular interventions. According to data from the CDC, in 2022, approximately 20.1 million U.S. adults have coronary artery disease, and 805,000 Americans have a heart attack each year. The upward trend in these figures is linked to the growing prevalence of preventive cardiac surgeries conducted each year
Browse through Grand View Research's Medical Devices IndustryResearch Reports.
The global pediatric oral care market was estimated at USD 9.6 billion in 2023 and is projected to grow at a CAGR of 7.0% from 2024 to 2030.
The global pediatric wheelchair market size was estimated at USD 2.10 billion in 2023 and is projected to grow at a CAGR of 6.9% from 2024 to 2030.
U.S. Patient Temperature Management Market Report Segmentation
This report forecasts revenue growth at the country level and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the U.S. patient temperature management market report based on type, application, and end-use:
Type Outlook (Revenue, USD Million, 2018 - 2030)
Patient Warning Systems
Conventional Warning Systems
Blankets
Pads
Surface Warning Systems
Warming Systems
Blankets
Pads
Others
Open-basin
Fluid Warmers
Patient Cooling Systems
Conventional Cooling Systems
Blankets
Pads
Surface Cooling Systems
Cooling Systems
Blankets
Pads
Others
Dual Technology
Surface Warming Systems
Intravascular Warming Systems
Consumables
Irrigation Drapes
Fluid Warmer Drapes
Scope Warmer Drapes
Application Outlook (Revenue, USD Million, 2018 - 2030)
General Surgery
Cardiology
Pediatrics
Neurology
Orthopedic Surgery
Thoracic Surgery
Others
End-use Outlook (Revenue, USD Million, 2018 - 2030)
Operating rooms
Neonatal ICU
ICUs
Emergency room
Preoperative Care Units
Postoperative Care Units
Acute Care
Burn Centers
Cath Labs
Neurological Care Units
Others
Key U.S. Patient Temperature Management Companies:
Stryker Corporation
Zoll Medical Corporation
Medtronic
Bard Medical
3M Company
Pintler Medical
ECOLAB INC.
Currie Medical, Inc.
Belmont Medical Technologies
Cincinnati Sub-Zero Products, LLC
Recent Developments
In January, 2024, SourceMark announced a partnership with Gentherm Medical, a well-known manufacturer of systems for controlling patient temperature. Building on their previous collaboration, SourceMark is now the U.S. distributor for a few Gentherm patient warming product lines. traditional Arrow Midline, both of which come in single & double lumen options.
In June, 2023, Drägerwerk AG & Co. KGaA introduced the FDA-cleared Babyroo TN300, an open warmer providing supportive lung protection and temperature stability. It facilitates clinician access to routine care, emergencies, and procedures during the baby’s hospital stay while promoting family-centered care for healthy outcomes.
In July, 2024, Gentherm acquired Jiangmen Dacheng Medical Equipment Co., Ltd., which produced patient temperature control systems and other medical supplies & equipment.
Order a free sample PDF of the U.S. Patient Temperature Management Market Intelligence Study, published by Grand View Research.
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Patient Temperature Management Market Forecast up to 2028.
Patient Temperature Management Market grows at a CAGR of 8.08% in the forecast period 2021-2028.
Market Analysis & Insights: Patient Temperature Management Market
Data Bridge Market Research analyses that the patient temperature management market will exhibit a CAGR of around 8.08% for the forecast period of 2021-2028. Rising adoption of advanced home-care medical solutions, rising prevalence of cancer and other chronic disorders and increased expenditure for the research and development proficiencies resulting in innovations in the healthcare technology are the major factors attributable to the growth of patient temperature management market.
From the name itself, the role of patient temperature management is clear. Patient temperature management is a medical/healthcare technology that monitors the body temperature of a patient and further helps to regulate that temperature. The major aim of patient temperature management is to evade the body of hypothermia or hyperthermia.
Companies can accomplish an effectual business growth if they adopt market research report like this patient temperature management market report which seems to be very vital in this rapidly changing marketplace. The report brings to notice many aspects regarding patient temperature management market industry and market. These are mainly covered with market definition, market segmentation, competitive analysis and research methodology as major topics of patient temperature management market analysis report. While generating this business report, absolute industry insight, talent solutions, practical solutions and use of technology are merged together very well to advance user experience. It explains market drivers and market restraints in detail which aids businesses in guessing about reducing or increasing the production of specific product.
When it is about to decide about the steps regarding production as well as marketing strategy, market drivers and market restraints are very helpful to the businesses. This global patient temperature management market report also comprises of predictions about the practical arrangement of suspicions and techniques. Moreover, the individuality of respondents is maintained secretly without doing any promotional approach to them while analyzing the data of patient temperature management market business document. This market report helps build a strong organization and make better decisions for driving a business on the right path. While preparing this market report, methodical gathering and analysis of information about individuals or organizations has been conducted through social and opinion research.
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Patient Temperature Management Market Share Analysis
Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to patient temperature management market.
Patient Temperature Management Market Scope and Market Size
On the basis of product, the patient temperature management market is segmented into patient warming systems and patient cooling systems. Patient Warming Systems segment is sub-segmented into surface warming systems, intravascular warming systems and warming accessories. Surface warming systems segment is further bifurcated into convective warming systems and conductive warming systems. Patient cooling systems segment is sub-segmented into surface cooling systems, intravascular cooling systems and cooling accessories.
On the basis of medical speciality, the patient temperature management market is segmented into general surgery, cardiology, neurology, paediatrics, thoracic surgery, orthopaedics and others.
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Patient Temperature Management Market Country Level Analysis
The countries covered in the compression therapy market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa(MEA), Brazil, Argentina and Rest of South America as part of South America.
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Global Patient Temperature Management Market: Focus on Availing Home-Based Care Creating an Important Path for the Market Growth
Key Players Patient Temperature Management Market
ZOLL Medical Corporation
Smith’s Medical
Geratherm Medical AG
Inspiration Healthcare Group plc.
Atom Medical Corp.
Mock & Mock GmbH
TOC of the report
Chapter One: Introduction
Chapter Two: Market Segmentation
Chapter Three: Market Overview
Chapter Four: Executive Summary
Chapter Five: Premium Insights
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Patient Warmer Market Research Insights Shared in Detailed Report 2016-2024
Patient Warmer Market: Overview
According to a new report published by Transparency Market Research (TMR), the vendor landscape of the global patient warming devices is extremely competitive. Companies within the market are striving to add new products to their portfolio by forming strategic alliances with other companies. Companies are also extending partnerships and collaborations with other companies in order to expand their geographical reach. TMR recommends that players within the global patient warming devices could benefit considerably if they were to focus more on product differentiation. Leading players within the global patient warming devices market are 3M Health Care, Inspiration Healthcare (INDITHERM), C. R. Bard, Inc., ZOLL Medical Corporation, Smiths Medical, Medtronic plc, Stryker Corporation, GE Healthcare, and Philips Healthcare.
According to TMR, the global patient warming devices market will be worth US$2.78 bn by the end of 2024. On the basis of geography, North America is expected to continue to lead in the market, followed by Europe. However, it is Asia Pacific which is estimated to exhibit the fastest CAGR during the forecast period. By product, it is expected that surface warming system will witness high demand. On the basis of application, acute care is gaining immense traction while the perioperative care segment is leading. As there is a rise in the incidence of illnesses and disorders which require surgical intervention that is often accompanied by hypothermia, it is anticipated that the perioperative care segment will witness a high-growth in the patient warming devices market.
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Increasing Number of Patients Undergoing Surgical Procedures Creating a Heightened Demand for Patient Warming Devices
According to the lead author of this report, “the rising need for managing body temperature of patients who undergo surgical procedures which involves the use of anaesthesia is behind for patient warming devices.” As patients after a surgery experience a drastic drop in their body temperature on account of the use of anaesthesia, there is a requirement for patient warming devices. Also, the rise in the incidences of chronic diseases will favour the growth of the global patient warming devices market. In addition to this, the rising prevalence of cardiovascular conditions as well as oncological conditions will drive the demand for these devices for the as the usually leads to surgical interventions.
Rising Incidences of Premature Births to Bolster Growth
Another important factor which is expected to fuel the demand for patient warming devices is the rising rate of premature births as well as the growing number of neonates. An increase in the number of geriatric population who are more vulnerable to various chronic disorders will also be a factor which is responsible for the growth of this market. An increasing incidence of musculoskeletal disorders on account of sedentary lifestyle and long hours spent in offices will also create a favourable environment for the growth of this market, said a TMR analyst.
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Side Effects Associated with Use of Patient Warming Devices to Discourage Use
The report not only discusses the various factors boosting the growth of this market but also discusses the various factors which are expected to act as challenge. The implementation of patient warming devices can pose risk of serious side effects invasive nature. This is expected to discourage their use to some extent. The high excise duties imposed on patient warming devices will also pose a challenge.
The information presented in this review is based on a TMR report, titled, “Patient Warming Devices Market (Product - Surface Warming System, Intravascular Warming System, and Patient Warming Accessories; Application - Acute Care, Perioperative Care, and New Born Care; End User - Hospitals, Clinics, and Nursing Facilities) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024.”
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Temperature Management Systems : Analysis of Potential Market Opportunity Worth USD 3.3 Billion by 2026
This report aims to provide detailed insights into the Temperature Management Market. It provides valuable information on the type, procedure, application, and region in the market. Furthermore, the information for these segments, by region, is also presented in this report. Leading players in the market are profiled to study their product offerings and understand the strategies undertaken by them to be competitive in this market. Revenue Growth Analysis: [298 Pages Report] The temperature management market is projected to reach USD 3.3 billion by 2026 from USD 2.7 billion in 2021, at a CAGR of 3.6% Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=141546773 Key Factors Driving Market Growth: Factors such as increasing global incidence of chronic conditions and the subsequent increase in the number of surgical procedures. The growing number of contracts and agreements between market players is also expected to offer a wide range of growth opportunities for market players during the forecast period. However, the high cost of intravascular temperature management systems is restraining the growth of this temperature management market. Increase in the incidence of chronic conditions Globally, there has been an increase in the incidence of chronic conditions, such as strokes, cardiac arrests, and neurological diseases such as traumatic brain injury. Several research studies indicate that survivors of cardiac arrests can suffer from devastating neurological impairments. Temperature management devices are widely used in the prevention of neurological damage after cardiac arrests. The use of mild therapeutic hypothermia is considered to improve neurological outcomes after cardiopulmonary resuscitation. Thus, the increasing incidence of chronic diseases is expected to drive the demand for temperature management market. Surface patient warming segment accounted for the largest share of the temperature management market, by type in 2020 By type, temperature management systems segment is divided into surface warming systems, intravascular warming systems, and warming accessories. The surface warming systems segment accounted for the largest share of the patient warming systems market in 2020. In temperature management procedures, the number of surface warming procedures are more as compared to invasive cooling procedures due to the increasing adoption rate of surface warming systems in surgical procedures such as orthopaedic surgeries, gynaecology and obstetrics procedures, gastrointestinal procedures, and general surgeries North America to Dominate The Industry: North America, comprising the US and Canada, accounted for the largest share of the temperature management market in 2020. The large volume of surgical procedures performed in North American countries is a major factor driving market growth in this region. Growth in the geriatric population, the rising incidence of cardiac arrests and neurological disorders, and the availability of technologically advanced products such as standalone and battery-powered devices are the other factors supporting the growth of the temperature management market in North America. The market in the Asia Pacific is estimated to grow at the highest CAGR during the forecast period. A number of factors such as the growing demand for aesthetic and medical surgeries, rising incidence of cardiac arrests and CNS disorders, government efforts to increase access to elective surgeries, and improving healthcare infrastructure are driving the growth of the temperature management in the Asia Pacific. Request Sample Report: https://www.marketsandmarkets.com/requestsampleNew.asp?id=141546773 Key Players: The major players operating in the temperature management market include 3M (US), Smiths Medical (US), ZOLL Medical (US), Becton, Dickinson and Company (US), Drägerwerk (Germany). Recent Developments: 1. In 2021, ZOLL Medical Corporation (Japan)and Global Healthcare SG Sign exclusive agreement for distribution of portable targeted
temperature management system in Asia Pacific. 2. In 2021, The Surgical company announced an agreement with Next Level Development TSC-PTM develops, produces and globally distributes specialist medical equipment for the prevention of hypothermia and the warming of patients undergoing surgery. 3. In 2019, Smiths Medical (US) launched Level 1 convective warmer.
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Patient Temperature Management Devices Market Share, Industry Growth, Trend, Drivers, Challenges, Key Companies by 2027
The Global Patient Temperature Management Devices Market Report added by Reports and Data offers extensive knowledge and information about the Patient Temperature Management Devices market with regards to market size, market share, growth influencing factors, opportunities, demands, consumer behavior, market drivers and restraints, overall competitive landscape, and current and emerging trends. The research study offers valuable insights into the business strategies, distribution channels, and value chain analysis. The report also offers positive projections of the market scenario in the coming years through in-depth assessment of the key markets features and the geographical spread of the industry. The report strives to present the reader with deep insights of the market that can assist them in making fruitful business decisions and strategic investment plans.
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The Patient Temperature Management Devices market report offers key insights into market scope along with emerging growth opportunities over the forecast period. The report also provides information about the competitive landscape of the global Patient Temperature Management Devices market. The global Patient Temperature Management Devices market is fragmented due to presence of numerous key players on a global and regional scale. Key players are focused on mergers and acquisitions, joint ventures, collaborations, partnerships, and research and development activities to expand their product portfolio and gain a robust footing in the market.
Key Companies Operating in the Patient Temperature Management Devices Market and profiled in the report are:
3M Healthcare
ZOLL Medical
Medtronic
Stryker Corporation
R.Bard
Smiths Medical
Cincinnati Sub-Zero (CSZ)
The 37 Company
Mennen Medical
GerathermMedical
Healthcare 21
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The report provides a significant assessment of the recent market trends, revenues, segments, and key regions across the globe. The regional analysis covers major geographical regions such as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report analyzes key regions for production and consumption patterns, import/export, market share, revenue contribution, growth rate, and supply and demand ratio for the forecast period 2017-2027. It also discusses the impact of government regulations, macro- and micro-economic factors, and economic growth of the region on overall market growth.
Regional analysis covers:
North America (U.S.A., Canada)
Europe (U.K., Italy, Germany, France, Rest of Europe)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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By Type (Revenue, USD Million; 2017–2027)
Patient warming systems
Convective warming systems
Intravascular warming systems
Surface warming systems
By Application (Revenue, USD Million; 2017–2027)
Perioperative care
Acute care
Newborn care
Others
By End-User (Revenue, USD Million; 2017–2027)
Surgical centers
Emergency care units
Ambulatory sites
Key Questions Answered by the Report:
What was the market size of the global Patient Temperature Management Devices market in 2020? At what rate is the market expected to grow over the forecast period?
What are the key growth driving and restraining factors of the Patient Temperature Management Devices market?
What are key opportunities and growth prospects of the Patient Temperature Management Devices industry is expected to witness over the forecast period?
Who are the prominent players operating in the market? What are the key strategies adopted by these companies?
Which region is expected to dominate the market growth over the forecast period?
Which segments are expected to register lucrative growth over the forecast period?
What are the key outcomes of SWOT analysis and Porter’s Five Forces analysis?
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Global Intravascular Temperature Management Market Key Players Change the View of the Global Face of Industry by 2028: ZOLL MEDICAL, STRYKER, MEDTRONIC, SMITHS MEDICAL, 3M, GENTHERM, THE SURGICAL COMPANY GROUP, BELMONT INSTRUMENT, BIEGLER ,etc.
The research report on the global Intravascular Temperature Management market includes a brief overview of global markets as well as business-based insights into the macroeconomic factors that influence the global market. The Intravascular Temperature Management industry report also includes a thorough analysis of key market trends, threats, and market structure. The Intravascular Temperature Management essay will also serve as the foundation for a new structural analysis research project. Secondary and primary research may include updating global industry databases and conducting interviews with senior executives from leading companies around the world. The research is interpreted using primary and secondary testing methodologies. The background of the global market study is thoroughly examined in this research report.
Vendor Profiling: Global Intravascular Temperature Management Market, 2020-28:
ZOLL MEDICAL
STRYKER
MEDTRONIC
SMITHS MEDICAL
3M
GENTHERM
THE SURGICAL COMPANY GROUP
BELMONT INSTRUMENT
BIEGLER
This study looks at retail sales, market dynamics, and industry trends in great detail. This research also provides a critical examination of market perceptions, as well as historical evidence of the Intravascular Temperature Management sectors effect on global business development. The study discusses market development as well as business channels and the factors that influence them. Before delving into the upstream, the analysis starts with a description of the industrial chains structure. The report also discusses market size and forecasts for different geographies, goods, and end-use segments.
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The Intravascular Temperature Management industry trend, which appears at market intervals, provides a detailed analysis of leading competitors product models, organizational structures, and business strategies. The study examines the characteristics of the global market, as well as current trends and patterns, growth rates, industry opportunities, expansion strategies, and emerging technologies. The Intravascular Temperature Management industry study provides data on production levels, market size, and supply and demand trends.
Analysis by Type:
Warming
Cooling
Analysis by Application:
Perioperative
Post-operative
Acute Care
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SWOT, PESTEL, primary & secondary research methodologies, and various analysis methods are adopted to design the Intravascular Temperature Management market survey. Key product offerings, company history, key statistics, risk assessments, marketing and distribution strategies, product development, latest trends, and new product releases, research and advancement, and a variety of business activities are all covered in the Intravascular Temperature Management study. The Intravascular Temperature Management market study also examines key patterns, risks and rewards, components, business dynamics, and challenges in the global market, employing a variety of figures and graphs to provide a more detailed image of the Intravascular Temperature Management market.
– North America (U.S., Canada, Mexico) – Europe (U.K., France, Germany, Spain, Italy, Central & Eastern Europe, CIS) – Asia Pacific (China, Japan, South Korea, ASEAN, India, Rest of Asia Pacific) – Latin America (Brazil, Rest of L.A.) – Middle East and Africa (Turkey, GCC, Rest of Middle East)
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The global study also includes a rough estimation of the industrys scale as well as a quantitative analysis of the market. This research report briefly discusses the current state of global regions. Top vendors, associations, shops, markets, and companies are all included in the Intravascular Temperature Management study.
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Global Intravascular Temperature Management System Market projections, swot analysis, risk analysis, and forecast by 2021-2026
Global Intravascular Temperature Management System Market projections, swot analysis, risk analysis, and forecast by 2021-2026
As we’re rapidly approaching the middle of the year, it’s a great time to look ahead at where we’re going and the Intravascular Temperature Management System market Trends we’re likely to see more of in 2021. This report will glance in more detail at a portion of the particular patterns to pay special mind to. Another helpful report named as, Intravascular Temperature Management System…
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Global Intravascular Temperature Management Market
Market, by Type: Market, by Application: Market, by Medical Condition: Market, by Region: Key Players Operating In Global Intravascular Temperature Management Market:
Global Intravascular Temperature Management Market was valued US$ 230.03 Mn in 2019 and is expected to reach US$ XX Mn by 2026, at a CAGR of XX % during a forecast period.
The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.
The major driving factors of the global intravascular temperature management market are large numbers of awareness campaigns & conferences arranged by both public & private organizations, increasing adoption of patients warming and cooling systems in developing countries. The high cost of certain intravascular temperature management devices and stringent government regulation approval processes are hindering the market growth. Additionally, product recalls and failures of temperature management devices are also hampering the market growth.
The intravascular temperature management market is segmented into the type, application, medical condition, and region. In terms of type, the global intravascular temperature management market is classified into intravascular warming and intravascular cooling. Based on the application, the global intravascular temperature management market is divided into preoperative care, post-operative care units, and acute & critical care. A further medical condition, global medical gas, and equipment market are split cardiac arrest, traumatic brain injury, stroke bleeding & thrombosis, myocardial infarction, fever & infection, and other medical conditions.
On the basis of application, the preoperative care segment is expected to witness the XX % of highest growth rate during the forecast period, due to the increasing awareness regarding the benefits of preoperative warming in surgical settings. The development of technologically advanced systems is one of the factors driving growth in the preoperative care segment. Based on the medical condition, the traumatic brain injury segment is expected to grow at the XX % of CAGR during the forecast period. Intravascular cooling techniques are being used as a preventive measure to reduce intracranial pressure during traumatic brain injury treatments.
Geographically, North America is expected to hold the XX % of largest market share, followed by Europe. The Asia Pacific market is expected to account for the highest growth rate during the forecasted years mainly because of the rise in healthcare expenditure. The presence of high growth opportunities for the unmet needs of the target population in this region also boost the growth Market.
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Scope of Market:
• Intravascular Warming
• Intravascular Cooling
• Preoperative Care
• Post-operative Care Units
• Acute & Critical Care
• Cardiac Arrest
• Traumatic Brain Injury
• Stroke Bleeding & Thrombosis
• Myocardial Infarction
• Fever & Infection
• Other Medical Conditions
• North America
• Europe
• Middle East & Africa
• Asia Pacific
• South America
• 3M Company
• Becton
• Dickinson & Company
• Belmont Instrument Corporation
• Biegler Gmbh
• Gentherm Corporation
• Medtronic Plc
• Smiths Medical
• Stryker Corporation
• The Surgical Company Group
• Zoll Medical Corporation
• Asahi Kasei Corporation
• Stihler Electronic GmbH
• VYAIRE
• EMIT CORPORATION
• Barkey
• Keewell Medical Technology Co. Ltd.
• BD
• Estill Medical Technologies, Inc.
• Inspiration Healthcare Group plc
• Koninklijke Philips N.V.,
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The key factor contributing to the market growth of patient temperature management is the rise in number of surgeries performed. Pre-surgery anesthesia administered to the patients lowers their body temperature. To prevent this, warming devices are used to eliminate intraoperative hypothermia.
The rising prevalence of heart diseases such as cardiac arrest has increased the demand for patient temperature management in order to prevent adverse effects of high temperature on the brain and prevent further complications.
Based on products, the market is categorized into patient cooling and warming systems. Each category is further sub-divided as surface systems, conventional systems and intravascular systems. In 2016, patient warming systems dominated the market due to the increase in number of surgeries being conducted. These surgeries require anesthesia, which lowers the temperature of the patients’ body.
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The rising prevalence of heart diseases such as cardiac arrest has increased the demand for patient temperature management in order to prevent adverse effects of high temperature on the brain and prevent further complications. Based on products, the market is categorized into patient cooling and warming systems. Each category is further sub-divided as surface systems, conventional systems and intravascular systems. In 2016, patient warming systems dominated the market due to the increase in number of surgeries being conducted. These surgeries require anesthesia, which lowers the temperature of the patients’ body. In-Depth research report on Patient Temperature Management market: https://www.millioninsights.com/industry-reports/patient-temperature-management-market Product Insights Patient cooling systems is expected to witness an attractive growth over the forecast period. This is due to the rise in number of cardiac surgeries being performed that requires cooling systems to eliminate the adverse effect of high temperature causing brain trauma injuries and neurologic outcomes. Increasing incidence of cancer and chronic cardiovascular diseases has resulted in the boost of the market. Cancerous cell multiply rapidly in patients with low body temperature. In order to prevent this, adjuncts such as patient warming systems are used along with chemotherapy and radiation therapy. Increasing prevalence of chronic cardiovascular diseases, especially cardiac arrest has led to an increase in demand for cooling systems in order to prevent adverse effects of high temperature on the brain. The availability of technological advanced products such as blankets, head pads and surface pads has risen the demand for these devices. Application Insights On the basis of application, surgery segment held the largest market in 2016. This is due to the rise in number of surgical procedures such as gynecological and cardiac surgeries. Temperature management systems are mostly used in pre-, post- and perioperative surgeries. Cardiology segment is expected to witness lucrative growth over the forecast period due to the increasing prevalence of cardiovascular diseases. According to Centers for Disease Control and Prevention (CDC), around 610,000 people in the US die of heart disease every year. Cardiovascular disease such as cardiac arrest and heart stroke requires cooling systems. This causes the growth of temperature management devices in the US. End-use Insights Based on end-use, the market is categorized into neonatal ICU, operating room, ICUs, emergency room and others. Operating room dominated the market in 2016 and is projected to witness high growth over the forecast period. This is due to the need for warming and cooling systems in operating rooms for maintaining the body temperature of the patient before, after and during surgery to avoid any kind of surgical complications. In 2016, neonatal ICU held the second largest market share due to rise in number of childbirth and premature deliveries. This is expected to further increase the demand of temperature management tools in neonatal ICU. Regional Insights On the basis of region, North America dominated the market in 2016 due to rising number of cardiac surgeries. The rising awareness level among people and increase in healthcare expenditure also contributes to the growth of the market. Advancement in technology in temperature management systems has increased the penetration in the U.S. Asia Pacific is expected to witness rapid growth over the forecast period. This is due to the untapped market in the developing countries such as China and India. The increase in healthcare expenditure and increasing disposable incomes also contributes to the growth of this market. Competitive Insights Some of the key companies of this market are Stryker Corporation; Cincinnati Sub-Zero Products,LLC ; ZOLL Medical Corporation; The 37Company; Bard Medical, Inc.; 3M Company; Inditherm Plc; Medtronic, Inc.; and Atom Medical Corporation among others. Few strategic initiatives undertaken by the key players include mergers and acquisitions, new product development, and geographic expansions. For instance, in order to expand the product portfolio of temperature management systems, ZOLL Medical Corporation entered into an agreement with Philips InnerCool with an aim to buy its temperature management business segment. To get free request sample: https://www.millioninsights.com/industry-reports/patient-temperature-management-market/request-sample
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